World's first nuclear power plant
project implemented on BOO
April 1, 2014
Paris, France
Akkuyu NPP Power Generation JSC
ROSATOM Rosatom state nuclear corporation
Akkuyu Nuclear Power Plant is the First Rosatom BOO Construction Project Outside Russia
Akkuyu Project Features
Akkuyu site, Turkey
• First Nuclear Power Plant in Turkey
• First Rosatom ВОО (build-own-operate) project. Under the
IGA, Rosatom is responsible for engineering, construction,
operation and maintenance of the plant.
• Legal basis: Intergovernmental Agreement, May 12, 2010
• Project design: AES-2006 (VVER-1200)
• Total capacity: 4,800 MW. (4 x 1200 MW)
• Implementation period: 2011-2023
• Total cost ~ $ 20 bln
• Power Purchase Agreement for 15 years, fixed price terms
• Support of the Russian and Turkish Governments
• Maximization of Turkish personnel involvement in
construction and operation of the plant.
• Job creation potential – up to 10 000 for the construction
only
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Major Milestones of the Project
2 stage 3 stage 4 stage
Preparation Construction Operation and
maintenance Decomm
issioning
1 stage Commissioning
Akkuyu JSC
registration
NPP construction license
Start site survey
Electricity
generation license
2023
First concrete
1 unit
2 unit
3 unit
4 unit
EIA
report
Construction
permit
3
1955
1956
1965
1972
1974-1975
1976
1981
1977-2009
May 2010
July 2010
December
2010
An Agreement on peaceful use of the atom signed with the
U.S.
Atomic Energy Committee begins its work
Studies on the construction of the NPP begin
The Department of Atomic Energy created
Study on the first NPP site location conducted
License for the Akkuyu site on the Mediterranean coast
issued
Cooperation Agreement with the IAEA signed
Tender for building 4 NPP units in Turkey held
Signing the Intergovernmental Agreement between the RF
and the TR
The Law ratifying the IGA enters into force in Turkey
“Akkuyu” NPP Power Generation JSC (AKKUYU NGS
ELEKTRIK URETIM ANONIM SIRKETI) is registered in
Turkey
March 2011 Preliminary engineering survey; start of the front-end
engineering design, licensing and Environmental Impact
Assessment process, generation license application
Akkuyu Chronology
4
Nuclear energy regulation
and legislation
development
Project Cooperation Between Russia and Turkey
Covers a Wide Range of NPP Related Construction,
Operation and Infrastructure Issues
NPP engineering, design field
supervision
Russian responsibilities Joint responsibilities Turkish responsibilities
Spent fuel treatment
Fuel supply
Nuclear island and other
special equipment and materials
Design documentation
Construction management/
supervision
Wholesale of electricity
Operation, maintenance and upgrade
Startup and Commissioning
Decommissioning and decontamination
Construction and assembly
works
Emergency planning
Physical protection
Public outreach
Site allocation
Site infrastructure
Infrastructure development,
grid connection
5
Project financial indicators and equity structure
Akkuyu NPP JSC
Site license holder, owner of the NPP and the power
generated
100%
Akkuyu Equity Structure
The Russian side provides
Initial funding. Later, up to 49%
of shares may be transferred to
investors
Atomstroyexport
CJSC
Rosenergoatom
OJSC
Rosatom Overseas
CJSC Other
1% 64% 2%
49 % - Investors
Akkuyu CAPEX structure, %
Akkuyu CAPEX
-1 000
0
1 000
2 000
3 000
4 000
5 000
6 000
2010 2012 2014 2016 2018 2020 2022 2024 2026
Mln
, $
6
33%
Current status and plans for 2013-2014
• Launch of the site preparation works. Start of site
infrastructure construction.
• Issuance to Project Company of the EIA Report
Approval
• Completion of the engineering design development
• Completion of Akkuyu site seismic hazard assessment
consolidated report
• Approval of power distribution scheme and NPP grid
connection to Turkey energy system.
• Development of Information Center in Istanbul
• “Site Parameters Report” development and submission
to TAEK
• Completion of designing of the four of the five priority
civil construction facilities of the preliminary
construction period
• Updated “Basic Site Selection Report” to be approved
by TAEK
• Work with TAEK in the WGs for organization of Project
licensing and permissive activities on Turkey territory
• Organization and conducting of the engineering surveys for “working documents” stage
• Sign EPC contract
Current Status
• The Project Company has received the NPP construction site
with effective site license and renewed licensing conditions
• Engineering surveys have been completed in order to get an
independent assessment of the Akkuyu NPP site seismicity.
• Updated “Basic Site Selection Report” has been prepared and
submitted to TAEK.
• EIA Public Hearings have been held. The EIA Application
Dossier and the EIA Report have been filed and sent to the
Ministry of Environment and City Planning
• Pre-construction work has been started. Groundwork has
been started
• Power Generation License application has been prepared and
filed.
• Consolidated report on “Reference NPP Selection
Justification” has been developed and submitted to TAEK.
Novovoronezh-2 NPP is approved as reference NPP.
• NPP Construction Preparatory Plan has been developed.
• Negotiations with TETAS on Power Purchase Agreement (PPA) are in progress
• Negotiations with TEIAS on power distribution scheme are in progress
• The Information Centers have been opened in Büyükeceli and Mersin
Plan for 2014
7
Infrastructure development of the nearby cities will lead
to construction of new roads, hospitals, schools, sport
facilities and will result in establishing of about 15,000
new positions for infrastructure facilities, including
medicine, trade, transport.
The Turkish Party will be involved in construction and
assembly work, as well as supplies of non-specialized
equipment and NPP operation.
It is feasible that up to 95% of construction and up to
40% of installation work will be performed by the Turkish
companies; 20% of equipment and materials will be
provided by the Turkish companies.
In addition to construction personnel (in the “peak years”
more than 10 000 people will work on the construction
site only), more than 2000 operational personnel will
work at the NPP and around 1200 will be involved during
the planned outages.
Jobs creation and infrastructure development
Social Effect of NPP Construction
8
ATMEA AREVA-MITSUBISHI project selected for
second NPP construction at Sinop
• Akkuyu Project Company hopes to work jointly with
AREVA-MHI consortium to develop nuclear industry in
Turkey
- Regulatory framework development
- Personnel education and training
- Infrastructure development
- Interface with IAEA
- Public opinion development
Changing environment…
Akkuyu site, Mersin
Sinop site
New Electricity Market Law approved in March 2013
• Changes in the licensing procedure
- Preliminary license for the period up to 36 months
- Permanent generation license after issuing construction license
- An applicant is required to obtain and submit all relevant permits, consents, approval and
documents within a period of preliminary license
- An applicant is prohibited to change shareholder structure during the period of holding a
preliminary license.
9
Lessons learned
• No experience of the Turkish Party in regulating and licensing NPP. No
local nuclear infrastructure. No system of radioactive waste treatment/
management; radiation control; emergency planning and emergency
response, decommissioning etc.
• Challenges in understanding of local regulations and their interpretation.
Need to work with local government bodies, local consultants from the
very beginning
• Lack of understanding of ”nuclear” by the government agencies and
companies and relevant concerns restrains the project implementation.
• Some Turkish and technical market regulations are not applicable to an
NPP.
• Limited personnel with relevant competencies and knowledge
• Possibility of changes in regulations without consent of the NPP owner.
Regulation changes could impact the owner’s costs
• Public fears of nuclear. Need to work with public opinion
• Established effective system of
consultations and government
bodies and relevant agencies
• Working groups on the key
issues of project implementation
and NPP operation, including
regulatory issues and
establishing nuclear
infrastructure system
• Assistance in development of
regulatory basis and regulatory
agency expertise
• Students’ education; training for
officials, regulatory bodies’
personnel
• Public outreach; work with public
opinion
Challenges Solutions
10
How AES-2006 Safety is Ensured?
• Defense-in-depth
• Self-defense of the reactor
• Safety barriers
• Multiple duplication of the
safety channels
• Active and passive safety
systems
• Safety concept, including not
only accidents prevention but
beyond design basis
accidents consequences
prevention, ensuring
localization of the radioactive
instances within the
containment vessel
• Safety culture for all the
lifecycle stages: from
selecting the site up to
decommissioning
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Project information
AKKUYU NGS AŞ
Webiste in Turkish, Russian and English
www.akkunpp.com
Brochure about the project in
Russian, Turkish and English
Public information Center
ROSATOM
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